U.S. Stock Market Computing Leader HPE Surges Over 30% in Pre-market Trading, Q2 Earnings Significantly Exceed Expectations

On June 2, Bitget market data shows that leading U.S. computing hardware manufacturer Hewlett Packard Enterprise (HPE) saw its shares surge over 30% in pre-market trading, pushing its stock price above $60. Ahead of this morning’s U.S. regular trading session, HPE released its Q2 FY2026 earnings report, which significantly exceeded analyst expectations. The quarter’s revenue totaled $10.7 billion—a 40% year-over-year increase—far outstripping the consensus forecast of $9.8 billion. Non-GAAP earnings per share (EPS) reached $0.79, marking a 108% year-over-year jump and easily beating the projected $0.53 EPS. The company also lifted its full-year revenue growth guidance to a range of 29% to 33%. Additionally, HPE announced it achieved its 2028 long-term financial target two years ahead of schedule, with free cash flow expected to hit at least $3.5 billion. HPE was spun off from the original Hewlett-Packard (HP) in 2015. It specializes in enterprise-level IT infrastructure, including servers, storage, networking, hybrid cloud, and AI computing solutions.